Wolters Kluwer Sheds AccessData Interest
March 30, 2013
A group that specializes in software and services for the legal realm is shifting gears, we learn from “Wolters Kluwer Divests Its Minority Interest in AccessData Group” at Marketwire. Wolters Kluwer is jettisoning its 25 percent interest in AccessData Group, in a move they say will allow them to refocus. The press release states:
“The sale of its minority interest in AccessData Group reinforces Wolters Kluwer Corporate Legal Services'(CLS) focus on its core legal services markets. CLS will continue to strengthen its position as the partner of choice for legal professionals around the world, supporting them in managing corporate compliance, legal entities, lien portfolios, brands, and legal spend.
“AccessData Group was formed in 2010 by combining the businesses of AccessData and Summation, formerly part of CLS. AccessData Group operates in the digital investigation and litigation support market. Following this 2010 merger, Wolters Kluwer remained as a strategic investor to support the integration of Summation and AccessData.”
Wolters Kluwer Corporate Legal Services strives to stay on top of the newest tools for ensuring transparency, accountability, and accuracy. They began long, long ago in 1892 as the CT Corporation, and was bought just over a century later by the Wolters Kluwer Group .
Digital forensics, eDiscovery & litigation support, and cyber security are AccessData‘s areas of expertise. The company was founded in 1987, and is headquartered in Lindon, Utah. AccessData employs about 400 souls, and maintains offices in the U.K., Australia, and several major U.S. cities.
Cynthia Murrell, March 30, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
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